UBS AG ETRACS Silver Shares Covered Call ETN (SLVO) Research
This index aims to track the theoretical returns generated by a covered call investment strategy. This strategy is applied to the iShares Silver Trust (referred to as SLV Shares) and its performance is derived from two main components: the price movements of the SLV Shares themselves, and the simulated income received from the hypothetical monthly sale of call options written on those SLV Shares. From these combined gains, the index subtracts notional transaction costs associated with implementing this covered call approach.
Market snapshot
- Symbol
- SLVO
- Price
- $78.31
- Day change
- -1.34%
- Market cap
- $243.4M
- 52-week range
- 75.27-107.41
- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
Peer companies
- Aptus Drawdown Managed Equity ETF (ADME)
- Invesco DB Precious Metals Fund (DBP)
- Fidelity Stocks for Inflation ETF (FCPI)
- Goldman Sachs Innovate Equity ETF (GINN)
- iShares High Yield Corporate Bond BuyWrite Strategy ETF (HYGW)
- Innovator Intl Developed Power Buffer ETF (IJUL)
- Innovator Equity Defined Protection ETF (JAJL)
- Invesco S&P 500 Equal Weight Consumer Staples ETF (RSPS)
Open UBS AG ETRACS Silver Shares Covered Call ETN (SLVO) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.